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Afford Anything

The Surprising Science of Six-Figure Thinking

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.63.4K Ratings

🗓️ 25 April 2025

⏱️ 62 minutes

🧾️ Download transcript

Summary

#602: Ever looked back at an old Facebook post and cringed? According to Olga Khazan, staff writer at The Atlantic, that discomfort is evidence of something powerful: your personality has changed, even if you didn't notice it happening. In our latest episode, Khazan, who recently wrote a book on the science of personality change, breaks down how our personalities aren't fixed traits but flexible characteristics we can intentionally shift to achieve our goals. The conversation centers on the "Big Five" personality traits — Openness, Conscientiousness, Extraversion, Agreeableness and Neuroticism (OCEAN) — and how they impact financial success and career advancement. If you work a regular 9-to-5, personality development can boost your career trajectory. Khazan highlights that conscientiousness — being organized, timely and detail-oriented — directly correlates with workplace success.  She suggests decluttering both your physical space and your commitments to increase productivity.  For introverts navigating office politics, she recommends "cosplaying as an extrovert" by signing up for regular group activities that are hard to back out of. Over time, social interactions become less draining, creating more opportunities for advancement.  And when engaging with colleagues, focus on asking meaningful questions about their experiences rather than collecting basic facts — this builds genuine connections that can lead to promotions and new opportunities. If you’re intimidated by new financial ventures like entrepreneurship or real estate investing, Khazan suggests learning from others who've succeeded in similar situations. Research shows you're more likely to implement strategies when you learn them from peers rather than experts.  When discussing successful entrepreneurs, Khazan reveals they typically share three key traits: high extraversion (energy for interacting with others), low agreeableness (ability to make tough decisions), and low neuroticism (emotional stability for risk-taking).  Think Steve Jobs — not always the nicest person, but his combination of vision, decisiveness and comfort with risk built one of the world's most valuable companies. The most important takeaway? Never tell yourself you can't do something because "that's just not who you are." Instead, take small daily steps toward your goal, and you'll gradually develop the personality traits needed for success. Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. (0:00) "The Surprising Science of Six-Figure Thinking" (1:16) What is personality - behaviors that help meet goals (2:24) Personalities change over time (3:34) Personality impacts success (4:12) OCEAN - the Big Five traits explained (5:48) Origins of personality research (8:20) Changing personality intentionally (9:52) Low vs high openness traits (12:05) Increasing openness gradually (15:36) Boosting conscientiousness strategies (23:09) Time management techniques (30:31) Extraversion benefits careers (33:19) Introvert's guide to social skills (37:25) Healthy boundaries, not people-pleasing (46:06) Meaningful conversations build connections (51:16) Reducing anxiety with mindfulness (56:52) CEO traits - extroverted, disagreeable, emotionally stable Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

What if landing your dream job requires more than just the right resume? The latest science

0:05.7

suggests that understanding and developing your personality traits might be the secret

0:11.1

weapon that sets you apart in today's competitive workforce. Welcome to the Afford Anything

0:16.6

Podcast, the show that understands you can afford anything but not everything. Every choice carries a

0:21.2

trade-off. This show covers five pillars, financial psychology, increasing your income, investing,

0:26.1

real estate and entrepreneurship. It's double-eye fire. And today's episode focuses on

0:31.1

that first letter F, financial psychology, as we are joined by Olga Kazan, a staff writer at the Atlantic and the author of

0:39.3

a book on the science of personality change called Me But Better. In honor of the F of Double

0:45.9

I Fire, financial psychology, we're going to talk about the big five personality traits and how

0:50.6

they influence success, including financial success. And we'll explore how changing

0:56.1

your personality can lead to better outcomes in career advancement, entrepreneurship, and

1:01.0

overall well-being. We'll touch on increasing your income as well when we talk about how

1:05.1

certain personality traits correlate with higher earnings. So if you're interested in the

1:09.3

psychology of making more money, you'll enjoy

1:11.3

today's episode. Olga, welcome. Yeah, thanks so much for having me. Thank you for being here.

1:17.9

Olga, what is personality? Personality is the thoughts, feelings, and behaviors that come most

1:24.7

naturally to you. And I would add a twist on that, which is that they

1:28.5

serve some purpose in your life, in that they help you meet your goals.

1:33.0

Ooh, but goals are constantly in a state of flux. So does that mean personality is also

1:38.4

in a state of flux? I would argue that your personality is in a state of flux, and it does,

1:43.4

at times, adjust to help you meet your goals, which, as you point out, can also change in life.

1:48.6

Right.

...

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